Trend Table for FTLS - First Trust Long/Short Equity

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	A	Weak or Absent	Up	Up	Up	22.99%
Nov 7	A	Weak or Absent	Up	Up	Up	23.23%
Nov 6	A	Weak or Absent	Up	Up	Up	23.58%
Nov 3	A	Weak or Absent	Up	Up	Up	23.71%
Nov 2	A	Weak or Absent	Up	Up	Up	23.65%
Nov 1	A	Weak or Absent	Up	Up	Up	24.48%
Oct 31	A	Weak or Absent	Up	Flat	Flat	25.98%
Oct 30	B	Weak or Absent	Up	Down	Flat	26.70%
Oct 27	A	Weak or Absent	Up	Down	Down	27.84%
Oct 26	A	Weak or Absent	Up	Down	Down	27.19%